China Oilfield Services Stock Technical Analysis
CHOLF Stock | USD 1.00 0.00 0.00% |
As of the 25th of April, China Oilfield shows the Mean Deviation of 0.8301, standard deviation of 3.75, and Risk Adjusted Performance of (0). China Oilfield Services technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate eleven technical drivers for China Oilfield Services, which can be compared to its peers. Please confirm China Oilfield Services coefficient of variation and treynor ratio to decide if China Oilfield Services is priced correctly, providing market reflects its regular price of 1.0 per share. Given that China Oilfield is a hitting penny stock territory we recommend to closely look at its information ratio.
China Oilfield Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as China, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChinaChina |
China Oilfield technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
China Oilfield Services Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of China Oilfield Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.
China Oilfield Services Trend Analysis
Use this graph to draw trend lines for China Oilfield Services. You can use it to identify possible trend reversals for China Oilfield as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual China Oilfield price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.China Oilfield Best Fit Change Line
The following chart estimates an ordinary least squares regression model for China Oilfield Services applied against its price change over selected period. The best fit line has a slop of 0 , which means China Oilfield Services will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.26, which is the sum of squared deviations for the predicted China Oilfield price change compared to its average price change.About China Oilfield Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of China Oilfield Services on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of China Oilfield Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on China Oilfield Services price pattern first instead of the macroeconomic environment surrounding China Oilfield Services. By analyzing China Oilfield's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of China Oilfield's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to China Oilfield specific price patterns or momentum indicators. Please read more on our technical analysis page.
China Oilfield April 25, 2024 Technical Indicators
Most technical analysis of China help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for China from various momentum indicators to cycle indicators. When you analyze China charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0) | |||
Market Risk Adjusted Performance | 0.1406 | |||
Mean Deviation | 0.8301 | |||
Coefficient Of Variation | (4,952) | |||
Standard Deviation | 3.75 | |||
Variance | 14.09 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.60) | |||
Treynor Ratio | 0.1306 | |||
Maximum Drawdown | 25.53 | |||
Skewness | 1.39 | |||
Kurtosis | 30.61 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Oilfield Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for China Pink Sheet analysis
When running China Oilfield's price analysis, check to measure China Oilfield's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Oilfield is operating at the current time. Most of China Oilfield's value examination focuses on studying past and present price action to predict the probability of China Oilfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Oilfield's price. Additionally, you may evaluate how the addition of China Oilfield to your portfolios can decrease your overall portfolio volatility.
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